Bitcoin slump sees panic spread

Following on from the previous headline on Bitcoin and Ethereum, prices has tumbled even more and that has led to more downside across the whole spectrum as the Bitcoin sell off extended. The price fell back from 19,914, to as low as 18,473 in what was clearly a repeat of what happened last week. Perhaps it was not so severe yet, but still a clear sign of just now nervous the market is at these heady levels. It was a similar story for ETHUSD too as that tumbled from above 636 to as low as 566.75 so far. Both will do well to stabilise these losses and right now ruling out further downside might be short sighted. The impact of the drop in these two major coins has been felt elsewhere which is hardly a surprise. The likes of Stellar Lumens and Ripple have both reversed sharply too at the same time. Meantime, Bitcoin is currently trading 18,795, but clearly it may not be there the time the reader sees this update